Sustainability of Intertwined Supply Networks: A Game-Theoretic Approach

Olga Gorbaneva and Guennady Ougolnitsky
Additional contact information
Olga Gorbaneva: Vorovich Institute for Mathematics, Mechanics, and Computer Science, Southern Federal University, 344090 Rostov-on-Don, Russia
Guennady Ougolnitsky: Vorovich Institute for Mathematics, Mechanics, and Computer Science, Southern Federal University, 344090 Rostov-on-Don, Russia

Games, 2022, vol. 13, issue 3, 1-21

Abstract: A formal game-theoretic model of an intertwined supply network, in full and simplified versions, is proposed. Conditions for the sustainable development of an active system are presented in general form and then specified to the class of intertwined supply networks. As an illustration, a concise example of the dynamic Cournot duopoly and a detailed example of the model of Social and Private Interests Coordination Engines (SPICE-model) for a marketing network are considered and analytically investigated and sustainability conditions are established. An important conclusion is that the sustainable development of the active system is possible only under the viability conditions satisfied simultaneously with coordinating the interests of all active agents of the system.

Keywords: game theory; intertwined supply networks; models of coordination of social and private interests; sustainability (search for similar items in EconPapers)
JEL-codes: C C7 C70 C71 C72 C73 (search for similar items in EconPapers)
Date: 2022
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.mdpi.com/2073-4336/13/3/35/pdf (application/pdf)
https://www.mdpi.com/2073-4336/13/3/35/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:gam:jgames:v:13:y:2022:i:3:p:35-:d:804601

Access Statistics for this article

Games is currently edited by Ms. Susie Huang

More articles in Games from MDPI
Bibliographic data for series maintained by MDPI Indexing Manager ().